INDIA: Egyptian President Mohamed Mursi attends a welcome ceremony starting his three-day visit aimed at boosting bilateral cultural, trade and tourism ties.
Record ID:
1374620
INDIA: Egyptian President Mohamed Mursi attends a welcome ceremony starting his three-day visit aimed at boosting bilateral cultural, trade and tourism ties.
- Title: INDIA: Egyptian President Mohamed Mursi attends a welcome ceremony starting his three-day visit aimed at boosting bilateral cultural, trade and tourism ties.
- Date: 19th March 2013
- Summary: EXTERIOR OF THE PRESIDENTIAL RESIDENCE MURSI STANDING FOR THE GUARD OF HONOUR INDIAN SOLDIERS PRESENTING MURSI THE GUARD OF HONOUR MURSI INSPECTING THE GUARD OF HONOUR
- Embargoed: 3rd April 2013 20:27
- Keywords:
- Location: India
- Country: India
- Topics: International Relations,Politics
- Reuters ID: LVA1ZKW3XXXJ6W2YCU42FYJ1Z44F
- Aspect Ratio: 4:3
- Story Text: Egyptian President Mohamed Mursi began his India visit with a ceremonial welcome at the presidential palace in New Delhi on Tuesday (March 19).
Mursi is leading a high-level delegation of business leaders and ministers, including the ministers of communications, information technology, trade, commerce and investment.
Bilateral trade between the countries has increased significantly in the recent years in spite of the political transition in Egypt and currently stands at USD 5.5 billion.
Mursi is due to hold bilateral discussions with Indian Prime Minister Manmohan Singh later in the day and the two sides are expected to sign deals to further deepen and diversify the growing bilateral trade and investment.
Mursi will also address a meeting of leading Indian businessmen to woo investments.
India is Egypt's seventh largest trading partner and second largest source of its exports. More than 50 Indian companies have presence in Egypt in various sectors and the cumulative Indian investments in Egypt are more than USD 2.5 billion.
Mursi visited Pakistan on Monday (March 18) and held talks with his Pakistani counterpart, Asif Ali Zardari, Prime Minister Raja Pervez Ashraf and others. - Copyright Holder: ANI (India)
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